Too few businesses registered
A majority of small and medium enterprises in Cambodia were not registered, despite the advantages it offered to businesses, participants at a workshop on business registration procedure, intellectual property and business etiquette for women heard yesterday. Referring to 2011 statistics, Chan Sorey, vice-minister of the Ministry of Women’s Affairs, said about 94 per cent of the estimated 505,000 enterprises in Cambodia were not registered. She said 61 per cent of these enterprises were run by women. … CWEA president Seng Takakneary said she organised the workshop because many small and medium-sized enterprises still did not recognize the benefits of registration and intellectual property, and feared the time and costs of the registration process. …
http://www.phnompenhpost.com/index.php/2012102659433/Business/too-few-businesses-registered.html
